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introduce $20 billion in additional taxes this year and $40 billion in new taxes next year. so the deficit under the democratic senate budget proposal which only thing we've got at this point, calls for more spending and more taxes and bigger deficits. that is not where the american people are. recent polls this week showed that 55% of the american people favored the republican budget plan. if you took the word republican off of it and simply described would you support a budget that balances the budget and raises no taxes and cuts $5 trillion of them favor that 55% to 24% that budget that would raise taxes by a trillion and cut spending by hundred billion and not balance the budget which is what the democratic budget calls for. >> greta: we are 18 months out from the 2014 election. we have the house has passed a budget and senate has passed a budget. it will go to a conference for reconciliation. both parties have made it sent tral focus of 2014. it is a signal they are more interested in winning and making sorted smear each other's face with each other budget rather than drawing common g
. this as the postal service with huge deficits, closing centers and eyeing the day when it stops saturday service until congress steps in. this is dismantling the postal service as we know it. he says the postal service really needs to keep up with technology. >> the postal service they want is to privatize the post office. one of the things they are aiming right now is to reduce from six-day to five-day delivery. later on they are going to try to privatize it. we don't want that. we cannot allow that to happen. >> with the economy improving, we're seeing the mail coming back a little bit slowly. what we've lost is bill paying. people pay bills online. it's free, convenient. that won't come back. we've reacted in a responsible way. >> he said they never laid anyone off. they used buyouts and other methods to reduce manpower. they are looking into using smart phones, package delivery options, testing a system where say you order by 9:00 a.m. and get package delivered by noon, he says the postal will be viable for the next 10 years. reporting live, christie smith. >>> a memorial growing in santa ro
down, if i may say. so we are going to have a deficit this year of a trillion 300 billion dollars which is $25 billion a week. it's the worst deficit that we've had, and nobody knows. >> social security is easy to fix. you lift the cap right now if >>> predictions. pat. >> immigration reform passes the house. republicans kill it in the senate. >> eleanor. >>next state to legalize gay marriage. >> what state? >> illinois. >> susan. >> immigration reform is going to run into big trouble in congress. >> really. mort. >> what i think the economy is going to remain >>> i predict that president abi of japan trying to revitalize his economy by loosening its grip on inflation will overshoot. he will go into debt, it will go into debt
deficit. for students in detroit problems with the education system are being magnified by that community's economic troubles. if you look statewide a quarter of michigan children under 17 were living in poverty in 2011. compare that to detroit where the number is more than twice that much. it is 57%, folks. nearly two in three detroit children 5 and under are below the poverty line. msnbc's correspondent joins us live from detroit where she'll cohost a summit on education today and a student town hall tomorrow. those numbers are frightening and daunting. >> they really are startling numbers. i've got my notebook with me because i'm going to school today, chris. it has a lot of people worried and concerned and working to change the dynamics of those numbers. that's what we'll be talking about here. many people are also concerned about the fact, the elephant in the room we can't dismiss that come monday the city of detroit will be under the auspices of an emergency financial manager. people should also know for the past four years detroit schools have been under emergency management and in
, this is all washington talks abou about, which is deficits and budgets. and you could argue that, in terms of the goalposts, we're arguing in and around the rand paul budget or paul ryan budget. and there was very little news of the house caucus budget. which should be the flag around which democrats rally, given the stream opposition. >> the progressive caucus budget is the most responsible budget that's been presented. i think even more than patty murray's budget. the senate democratic budget. but you're right. it doesn't get attention, because inside the beltway, the fixation is on deficit reduction, and that's by conservatives who somehow buy the idea that government is going to crush us if we don't drastically cut now. i don't think they want to kus as much as rand paul wants to cut. and you were right to highlight that part of his budget, increasing the retirement age and privatizing medicare, because i think that's the part of his budget that's going to really crash his 2016 hopes. but to get back to 2014, you know, it's going to be up to obama, particularly, to lead the charge. he'
? and also the idea that the federal government can't have a deficit, it's crazy. the republicans have somehow adopted this and sold the american people that the most important thing facing this congress and country is to balance the federal budget. no, it's not. how about creating jobs? how about repairing our infrastructure? repairing our bridges and our highways and sewage treatment plans and all of that? how about investing in new energy projects and new medical advances and a cure for cancer? that's a hell of a lot more important than balancing the freakin' budget. that's the first thing wrong with this ryan budget. the second thing is that the ryan budget destroys medicare. still does. we talked about it this is the same damn budget that they passed two years ago, that they passed last year. it would shut down medicare for anybody who is not already in it, cut benefits for those who are, but shut down medicare for anybody who is not in it and replace it with a voucher. a voucher that would not even come close to buying you health care from a private insuran
, but ultimately if there's any chance at dealing with the debt and deficit, these two, very different philosophies and visions. >> early april, the president comes up with his budget recommendation. a lot of people are hoping all of this will eventually result in the grand bargain, a real deal looking down the road, everyone on board basically. a deal that would avoid, for example, having to worry about raising the debt ceiling end of july, early august. is that at all doable? >> it is possible. i wouldn't go as far as saying doable now. but what i will say, the difference in approach now versus say two years ago when they tried this and it failed and it was, you know, almost the end of the world as the u.s. bumped up against the debt ceiling, the difference is they are going through what we call in washington regular order. everything is done in the open. i think that has lead to a different atmosphere on capitol hill where people know what's going on, they're voting on measures, and they're not waiting to see the white smoke from the white house when the president and house speaker and others ar
do both. make sure we have deficit reduction but don't cut too much too fast. >> dick durbin also optimistic they can move forward. as congress grapples with developing a budget it must deal with another problem that looms it has to pass a continued resolution before march 27th to avert a government shut down. heather, they go on break at the end of this week. we will see what happens. >> of course they do. they are always going on breakdown there. >>> it is time for your first degree weather update with ma r maria molina. >> maria is in the weather center tracking another storm. is that right? >> yes. a brand new storm impacting portions of the upper midwest today and we are expecting to see snow from the same system into the northeast as we height. we could be seeing significant accumulations especially across places in new england. want to start out with high temperatures. we are seeing wild disparities as far as the temperatures go. take a look at minneapolis. 30 degrees for the high temperature today. it will feel more like january than march. in san antonio you could see rec
the president a major deficit reduction victory or not? if they really believe that needs to be done and the president put something on the table that gets them significant entitlement reform and savings, i think they've got to do it. >> harold, i think the possibility of deals and immigration, possibility of deals on guns, possibility of deals on the budget, on the long-term debt, i think the possibilities are actually -- excuse me for being optimistic, pretty darn good on all fronts. you've got republicans who daily are holding press conferences wringing their hands trying to figure out how to save their party. and you have a president who, again, he's a 47%, pretty damn good considering everything. but still, he wants to be over 50% and he wants a legacy. he doesn't want to just talk about what he did the first two years. >> i agree. i believe the prospects for progress on both immigration and gun control are gun regulation. if we get progress on the budget and the debt. i think immigration and gun regulations are easier to win. if the economy hobbles along and don't get me wrong,
billion deficit. they don't want to get to where stock toeupbs righ stockton is right now so they are under this emergency pherg, state control. a lot of people have scheduled a protest today, are being called for to protest this move. what exactly wha will he be responsible for? >> slicing and dicing. cutting salaries of city employees. detroit already has a high crime rate. you don't want what happened to stockton, just like matt said they have per capita more murders in the city of chicago. how is that possible, little stockton? if you look at the map in california everybody was moving out in san francisco, properties were too high there, same with palo at torques silicon valley, they moved to stockton. what could happen in detroit unless they start cutting more. if detroit has to file for chapter 9 bankruptcy municipal that would make headlines around the world and kind prus would be booted off the front page. >> that's what they are trying to do and -- >> the mayor and the city council loose all the authority they shr-fplt they've been trying and they can't do that. the
you think the war is to blame for the deficits we see these days? >> no. it's really not. if you look at where defense spending is today either as a percentage of the economy or budget, it's below post-war norms. under the president's budget it will fall more rapidly. the main cause that we saw today of the explosive growth in spending over ten years, president obama made that worse although the republicans in congress ten years ago didn't cover themselves and the changing face of america. we have many more now supported by workers for the retirement programs and a noble important purpose. they need to be preserved for the next generation. >> you are a proud veteran and something i find to be interesting to some degree of polling is the lack of availability for benefits for those who have served so nobly and come home. i want to put up the stats for you. veterans affairs data. 600,000 veterans have benefits and 245,000 have benefitings back lock logged aier or more. the average is 273 days. the first time claimants from iraq and afghanistan, the average wait is 316 days. how come if y
? >> sure, i do. one problem with the baseline is it brings the deficit later on of the we looked at the budget and realized we could probably balance in five years. the problem is with the way the numbers work is it brings you back out of balance soon thereafter. what we wanted to do is have a credible plan that got us to balancing, got us into surplus. that's what our budget does. there is something unique in the baseline where deficits go down to the mid part of the next ten years and then go right back up. what we want to do is get them on a downward path and keep them down. we not only balance the budget, we go into surpluses and pay off the debt. >> brian: here is chris van hollen. he seems to disagree with everything you say. here is an example. >> i'm used to that. >> let me focus first on what our budget focuses on, which is not just economic growth in jobs in the future, but jobs in economic growth now and in the future. this republican budget is not balanced in ten years. >> brian: is he right? is it not in balance? >> no, it does balance in ten years. they're throwing
choose. keep the current cuts in place, or get the same amount of deficit reduction by eliminating or reducing provisions in the tax code that benefits specific corporations or wealth year taxpayers. you choose. >> bill: we will give you more choices to make when we come back here with congresswoman jan schakowsky. you choose. >> this is "the bill press show." [ music ] guys that do reverse mortgage commercials? those types are now. (vo) she gets the comedians laughing and the thinkers thinking. >>ok, so there's wiggle room in the ten commandments, that's what you're saying. you would rather deal with ahmadinejad than me. >>absolutely. >> and so would mitt romney. (vo) she's joy behar. >>and the best part is that current will let me say anything. what the hell were they thinking? >> chatting with you life on current.com/billpress. this is "the bill press show" live on your radio and current tv. >> >> bill: how about it 43 minutes after the hour? we are coming to you live from our nation's capitol, brought to you today by the national education associatio
deficit reduction who say this budget won't do it. >> okay, congressman. as you know, house democrats are also out with their budget. joining senate democrats in calling for more revenue as well as spending to create jobs. but paul ryan didn't seem too optimistic about this this morning. take a listen to what he said. >> all the democratic budgets have one theme. more taxes, higher spending, never balancing the budget. if you look at these two budgets, yeah, we're two worlds apart. we're literally on different planets. >> he says you're literally on different planets. do you, therefore, have any hope of a compromise? >> well, not very much with paul ryan. i do believe that as steny hoyer, the himinority whip said he thinks republicans are going to have a difficult time getting votes for this budget. as we remember, the republican presidential candidate in 2012 ran away from the ryan budget which was not nearly as severe as this one is. so he's going to have problems with his own members in the republican conference and on this vote, but, you know, paul ryan is right. we are on very di
deficits and debt. how can you not worry about that. they do seem integrally involved in phobia, a lot of we don't want anybody else coming to this country. >> yeah, yeah, that's -- that's true, chris. it's this idea that they're losing their country. they fear change. they fear -- they're anxious about the change that we see. we see the browning of america. we see, you know, the gay rights movement is preceding at pace. you know, we saw the first female speaker of the house not too long ago. so it's this change that they have a problem dealing with, chris. and let me get to the point about -- >> why would somebody care -- i always wondered about this. why would somebody who is white care about whether the country is white 100 years from now? they're not going to be here. and the people here would be comfortable with it. your nature will change with the country's nature. it does sound like pure racism. if you want the country to be tribally white 100 years from now. i don't know why a black person would care either. why do people speculate the way they think what the country will be li
larks newark, new jersey, washington and detroit have all closed schools to cut budget deficits. and that brings us to education nation. which is part of an ongoing commitment by nbc news, to foster a national dialogue about the future of education in america. today education nation is on the road in detroit with he had nbc's education correspondent, rehema ellis. >> we want to talk about what's happening to the schools in michigan. but in detroit, we can't help but talk about what's happening in the city of detroit. joining me right now is the governor of michigan, rick snyder. and the news of the day is that on monday, your emergency financial manager for detroit is going to go to work. there's a lot of controversy around it. people are protesting, saying it's unconstitutional. that he's going to sell off some iconic pieces of the city in order to balance the budget. what do you say? >> well it is legal. this is a crisis. and we need to turn it around. and if you look at, we've had success with emergency managers. if you look at detroit public schools, they've had one for the
's what counts. not if you happen to have a little deficit, and in fact michael steele went on to say when we were handing out checks i don't believe reince priebus complaining. >> so reince is just being silly. and i understand he wasn't complaining about debt and concerned about debt when i was write checks to wisconsin when he was chairman and he wanted to win the legislature and governor which they did and they were all on board about going into debt to win. >> when did republicans turn into democrats. it's all overshadowed and sabotaged by infighting. >> bill: this is the circular firing squad for which republicans are famous. grace nap ol 'tano will be with here today, neil king, and of course you'll be with us too throughout the morning, and mike i will bloomberg is on the warpath again. but first. >> announcer: this the "full court press." >> on this tuesday overhead lines making news michael jackson's family is suing the entertainment company that sponsored the last tour. tmz reports that -- >> 2011? >> bill: come. come on. >> -- the new lawsuit they ar
the rate. we say, let's take some of that revenue to help reduce the deficit, combined with other targeted cuts. >> be more specific for me. when you talk about tax loopholes and the very wealthy. which specific loopholes and what is very wealthy? >> sure, sure, these are, when you're in the highest tax bracket, you're in the 39% tax bracket when you get a deduction, whatever it may be for, you get 39 cents worth of deduction. whereas somebody who is in the 28% tax bracket only gets 28 cents deduction for that particular deduction. so what we're saying and this is similar to a proposal the president's put forward, is that for folks who are in that very high bracket, the 39% bracket, the value of your deductions will be limited to about 28% which is what the value of deductions is for a middle income taxpayer. >> so ultimately, the budget that you have there and i just read the little chunk of it, you have more revenue increases than cuts, right? >> within, within this particular budget, but if you look, soledad, at the two-year period of reduction we've been engaged in, which is -- include
project 1 billion dollar deficit next year. the closures will save chicago $560 million the next decade. >> whether you do this, mike, in chamucla, florida, or chicago, illinois, this is always excruciating tough for parents and kids, but you got to do it if you're going to keep the budget. >> you have to do it to same some semblance of sanity for a big city like that but you get into where are the displaced kids going to go to schools when the schools are closed? are they going to be bussed? most parents would like their kids to go to a neighborhood school and what happens then? that a huge burden for the mayor now. >> totally. sequestration is complicating it even more. we just did a report that head start across the country is facing these exact challenges and cutting school days and not accepting kids and randomly dropping kids from the program and a disadvantage for kids in that economic status. >> you look at the regional and local papers across the country you see endless stories like this. you look at the national programs and turn on the tv news and where is the white house tou
Search Results 0 to 22 of about 23 (some duplicates have been removed)

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